Target Corporation (TGT)
Receivables turnover
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 106,930,000 | 108,661,000 | 105,937,000 | 92,087,000 | 77,638,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
February 3, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $106,930,000K ÷ $—K
= —
Unfortunately, since there is missing data for receivables turnover for Target Corporation in the table provided, I am unable to conduct a detailed analysis. Receivables turnover is a key measure of a company's efficiency in collecting payments from its customers, indicating the number of times a company can collect its average accounts receivable balance during a period.
To perform a thorough analysis, it would be necessary to have the missing data for receivables turnover for Target Corporation for the stated periods. Once the data is available, I would be able to calculate the receivables turnover ratio for each year and assess trends over time to evaluate the efficiency of Target Corporation in managing its accounts receivable.
Peer comparison
Feb 3, 2024